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As AWS storage revenue nears $10B, legacy players feel the heat - Vimarsana News

As AWS storage revenue nears $10B, legacy players feel the heat

As AWS storage revenue nears $10B, legacy players feel the heat SHARE The storage business as we know it has changed forever. The storage business as we know it has changed forever. On premises, external storage was once a virtually unlimited and untapped bastion of innovation, VC funding and lucrative exits. Today it is a shadow of its former self and the glory days of storage in the data center will not return. We believe AWS’ storage business is around $6.5-$7B today and will approach $10B annually on a run rate basis by the end of next year. While several trend...